Rani Therapeutics (RANI)

Net assets on the balance sheet as of June 2024 : £4.43 Million

According to Rani Therapeutics's latest financial reports the company has £4.43 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rani Therapeutics - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£61.17 M	-32.08%
2021-12-31	$£90.06 M	-208.31%
2020-12-31	$-£83.16 Million	12.83%
2019-12-31	$-£73.7 Million

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The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Rani Therapeutics (RANI) - Net assets